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Solid jobs report

Posted on 5/2/25 at 8:09 am
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
73136 posts
Posted on 5/2/25 at 8:09 am
Posted by boogiewoogie1978
Little Rock
Member since Aug 2012
19361 posts
Posted on 5/2/25 at 8:14 am to
1. I dont believe this report
2. What are the quality of these so called jobs?
Posted by KWL85
Member since Mar 2023
3120 posts
Posted on 5/2/25 at 8:17 am to
You sound very experienced at reading financial reports.
Posted by PlanoPrivateer
Frisco, TX
Member since Jan 2004
2926 posts
Posted on 5/2/25 at 8:22 am to
State and local job levels up but federal jobs level down. That's a good start.
Posted by The Boat
Member since Oct 2008
175755 posts
Posted on 5/2/25 at 8:31 am to
I would enjoy a nice Friday for the markets.
Posted by PNW_TigerSaint
Member since Oct 2016
1307 posts
Posted on 5/2/25 at 9:31 am to
Does a slowdown in wage growth mean that the average wages is not growing or that the number of hourly jobs slowed down? If it’s the ladder then that could be an indication people might not have as many side hustles.
Posted by Art Blakey
Member since Aug 2023
287 posts
Posted on 5/2/25 at 9:45 am to
LINK

The massive divergence between reality and reported numbers started under Biden, July ‘22, I believe, is when the birth death model started being used to fluff headline numbers. No reason to think the new admin wouldn’t keep using it.
Posted by lsuconnman
Baton rouge
Member since Feb 2007
4451 posts
Posted on 5/2/25 at 11:18 am to
(no message)
This post was edited on 5/10/25 at 11:40 am
Posted by HVAU
Up over here
Member since Sep 2010
5165 posts
Posted on 5/2/25 at 11:26 am to
Maybe with this jobs report, and inflation sitting at 2.4% yoy, we’ll stop hearing the incessant “Powell needs to stop playing politics” whining. The Fed decisions have worked out pretty well for us for the past few years.
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
72764 posts
Posted on 5/2/25 at 12:55 pm to
quote:

1. I dont believe this report
2. What are the quality of these so called jobs?
1. We don't care
2. We don't care

Thanks,

The Management
Posted by The Boat
Member since Oct 2008
175755 posts
Posted on 5/2/25 at 1:11 pm to
quote:

Maybe with this jobs report, and inflation sitting at 2.4% yoy, we’ll stop hearing the incessant “Powell needs to stop playing politics” whining. The Fed decisions have worked out pretty well for us for the past few years.

I've also been enjoying having some decent hysa options for once
Posted by SloaneRanger
Upper Hurstville
Member since Jan 2014
12688 posts
Posted on 5/2/25 at 3:29 pm to
quote:

1. I dont believe this report 2. What are the quality of these so called jobs?


I haven’t dug into it but I did see that there was a big increase in jobs for native Americans. “Migrant” jobs were down.
Posted by ned nederlander
Member since Dec 2012
5517 posts
Posted on 5/2/25 at 4:27 pm to
quote:

Maybe with this jobs report, and inflation sitting at 2.4% yoy, we’ll stop hearing the incessant “Powell needs to stop playing politics” whining.


Ha. That’s a good one.

The American economy really is an incredible engine. Very solid jobs report.
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